Quote from: Issa56 on Today at 09:55:06 PM

Quote from: Mikky_m on January 27, 2025, 06:27:20 PM

The hype for the Trump coin and Melania coin left as fast as they came but their value still remains, especially for the Trump coin. Still, their value still remains with TRUMP valued at $27 and dropping with the overall trend being very bearish and Melania at $2.4, falling way below the initial price which was around $3. More than that is that the current market sentiment of both tokens are negative as well.

The question now is, do these tokens still have potential or are they deadends? This thought came to mind when I saw an event giving Trump, Melania, Doge, and Elon tokens. i thought about participating but then I wondered if it would be a good idea to keep those tokens after getting them or should I just sell them off while they still have good value?

When there is a hype about a coin, just take advantage of the hype, make your money, and move on, don’t fall in love with all this altcoins. After the hype, most of these coins don’t really perform well again, so just take advantage, and don’t invest in coins like this because of the name or other reasons. The coin might still end up performing well even after the initial hype, which the coin had, and we might end up seeing the coin die gradually. We don’t really know what Trump will end up doing, but I don’t really think the coin is going to die but might not give the kind of reward that people will be expecting from it.

Is easier said than done, you may be right that is best for one to follow the hype and sell off your holdings when the party is on, Trump coin took many investors by surprise with some gullible ones taking it as the next big thing in the market, competing with other big coins like BNB Ethereum and the rest in Price, the price was going steadily up so not many know it will result to the current condition, so most investors missed the party a d now are basically at a lose, the rate and parttens that the coin value is declining is alarming and investors should be ready lose they entire assets value in the coming days and months since memecoins are based on the hypes and once the hype is dead so will the coin die and fade away too.